MORTGAGE RESIDENTIAL DE FHA UNDERWRITER

Department:

Mortgage Processing Reports To:

Sr. Residential Lending Officer

POSITION OVERVIEW

Under the general supervision of the Sr. Residential Lending Officer. Prepares loan files for underwriting to ensure it meets the standards set by FHA, FNMA, FHLMC, RI and MA Housing programs. Supports, and adheres to, the Bank's regulatory compliance objectives.

PRIMARY ACCOUNTABILITIES / RESPONSIBILITIES

Performs any functions necessary, within scope of authority and expertise, to provide the highest level of service and responsiveness to customers and the community in which it serves. Evaluate borrower financial records, including credit history, income, tax returns, and debt-to-income (DTI) ratios to determine credit worthiness. Analyze property appraisals to confirm property value and condition meet FHA safety and security requirements. Ensure all loan packages strictly adhere to FHA/HUD guidelines, Fannie Mae, Freddie Mac as well as state and federal lending regulations. Ability to manage multiple applications at a time. Answering inquiries and questions from borrowers, processors, and mortgage originators. Makes credit decisions within limits of authority. Assist the secondary market desk to research and complete missing items. Responds to secondary market audits. Communicates FHA and Secondary Market updates and changes through training materials and scheduled sessions. Assists in the preparation for External/Internal Audits and regulatory examinations Performs all duties in accordance with prescribed regulatory compliance guidelines. Maintains an acceptable registration with the National Mortgage Licensing System (NMLS), as well as, the unique identifier assigned by the

NMLS. OTHER ACCOUNTABILITIES / RESPONSIBILITIES

13. Performs related and unrelated duties as may be required.

POSITION REQUIREMENTS

Bachelor's degree or its equivalent, plus specialized course work and training. Five plus year's mortgage banking, bilingual preferred. Must be detail oriented and demonstrate strong customer service and communications skills. Good analytical skills. Must be able to use various types of office equipment, including computer terminal.

SUPERVISORY SCOPE

None

INDEPENDENT ACTION

Performs work within established guidelines in accordance with department policies and procedures. May resolve some problems rather than referring them to a manager.

QUALIFICATIONS

Direct Endorsement (DE) Certification required. 3-5 Years of mortgage underwriting experience with specific focus on FHA and conventional products. To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed above are representative of the knowledge, skill, and/or ability required. Any physical demands or work conditions described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

FULL-TIME BENEFITS

401(k) Employee Pension Paid Time Off (PTO) Parental Leave Tuition Reimbursement Begins first of the month following date of hire: Medical, Dental, Vision Critical Illness Insurance Disability insurance including LIFE, Long-term disability Employee Assistance Program Flexible Spending Account Dependent Care Account Health Savings Account

VISIT OUR WEBSITE

: https://www.bristolcountysavings.com/

LINKEDIN:

https://www.linkedin.com/company/bristol-county-savings-bank/ EEO

STATEMENT

Bristol County Savings Bank is an Equal Opportunity Employer and is committed to a diverse workforce. The Bank considers applicants for employment without regard to race, color, sex, sexual orientation, national origin, age, genetic information, veteran status, disability or membership in any other protected class as defined by law.